Finances

Impressive video of a Missouri State Highway Patrol (MSHP) trooper clearing a hale bale from the road went viral this week.
A truck driver was rescued on Friday after crashing partially off of a bridge in Louisville, Kentucky.

FMCSA increases fines for trucker regulation violations

The Federal Motor Carrier Safety Administration (FMCSA) announced the annual fine increase for inflation for trucker regulation violations.

Lawsuit accuses Haslam family of offering millions in bribes to Pilot executives to inflate value of truck stops

Warren Buffett's Berkshire Hathaway has filed a lawsuit accusing the Haslam family offering to bribe Pilot executives in an attempt to inflate the value of the truck stop chain.

Georgia Governor again cuts diesel fuel taxes due to ‘uncertain economic conditions’

This week, officials in Georgia announced that fuel taxes will be suspended through the end of November "due to ongoing high prices and uncertain economic conditions caused by failed policies coming out of Washington, D.C."

60,000 Yellow Corp. trucks, trailers, and support equipment units to go up for sale in 2024

Ritchie Bros. Auctioneers (Ritchie Bros.) and asset management firm Nations Capital (NCI) have received bankruptcy court approval to liquidate the assets of now-defunct trucking company Yellow Corp.

Iowa bank failure blamed on bad loans to trucking companies

The failure of a bank in Iowa has been tied its portfolio of loans to commercial trucking companies.

Traffic congestion costs trucking a highest-ever $94.6 billion a year, per report

The American Transportation Research Institute (ATRI) released an eye-opening new study on how traffic congestion costs trucking tens of billions of dollars.

Digital freight broker Convoy shutting down due to ‘unprecedented freight market collapse’

Seattle-based startup Convoy will be closing their doors for good, according to an internal memo released shortly after the company canceled loads and emptied load boards on Wednesday.

Georgia to extend diesel tax holiday for another month

On Friday, officials in Georgia announced that fuel taxes will be suspended for an additional month due to continued consumer pain caused by rising inflation.

Indiana trucking company says they’re ‘actively hiring’ with no layoffs following Chapter 11 bankruptcy filing

An Indiana-based trucking company that recently filed for bankruptcy protection has issued a statement to set the record straight on their plans for layoffs and hiring moving forward.

Sheetz extends diesel and DEF discounts through the end of September

Convenience store chain Sheetz announced that they will extend Truck Driver Appreciation Week discounts through the end of the month.

IRS issues truckers a tax time reminder

The Internal Revenue Service (IRS) says that truckers are running out of time to file the heavy highway vehicle use tax.

Video explores the struggles truckers are now experiencing coming down off the high of the pandemic

A video report follows a truck driver as she shares her experiences with the highs and then lows of trying to make a living in trucking in the years after the pandemic.

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